Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$442M |
| 2 |
Amazon
AMZN
|
+$347M |
| 3 |
Apple
AAPL
|
+$276M |
| 4 |
Intel
INTC
|
+$246M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$90M |
| 2 |
BIVV
Bioverativ Inc. Common Stock
BIVV
|
+$52.3M |
| 3 |
CPN
Calpine Corporation
CPN
|
+$45.5M |
| 4 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$40.3M |
| 5 |
LNCE
Snyders-Lance, Inc.
LNCE
|
+$40M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.82% |
| 2 | Financials | 16.57% |
| 3 | Healthcare | 13.16% |
| 4 | Industrials | 10.29% |
| 5 | Consumer Discretionary | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CCF
1801
DELISTED
Chase Corporation
CCF
| $9.39M | ﹤0.01% |
80,670
-336
| -0.4% | -$37.7K |
|
1802
United Fire Group
UFCS
$1.34B
| $9.34M | ﹤0.01% |
195,245
+3,899
| +2% | +$175K |
|
|
CORE
1803
DELISTED
Core Mark Holding Co., Inc.
CORE
| $9.34M | ﹤0.01% |
439,501
+24,954
| +6% | +$563K |
|
|
WIFI
1804
DELISTED
Boingo Wireless, Inc.
WIFI
| $9.33M | ﹤0.01% |
376,548
+15,152
| +4% | +$373K |
|
1805
NMI Holdings
NMIH
$3.35B
| $9.32M | ﹤0.01% |
563,086
-55,155
| -9% | -$1.03M |
|
|
SPTN
1806
DELISTED
SpartanNash
SPTN
| $9.3M | ﹤0.01% |
540,699
-44,792
| -8% | -$960K |
|
1807
Pathward Financial
CASH
$1.92B
| $9.28M | ﹤0.01% |
255,000
+6,879
| +3% | +$246K |
|
1808
OraSure Technologies
OSUR
$286M
| $9.27M | ﹤0.01% |
549,003
-13,165
| -2% | -$250K |
|
|
DEA
1809
Easterly Government Properties
DEA
$1.17B
| $9.27M | ﹤0.01% |
181,793
+17,181
| +10% | +$864K |
|
|
SRG
1810
Seritage Growth Properties
SRG
$137M
| $9.27M | ﹤0.01% |
260,779
+9,636
| +4% | +$373K |
|
1811
Usana Health Sciences
USNA
$422M
| $9.24M | ﹤0.01% |
107,638
+558
| +0.5% | +$43.2K |
|
|
MNR
1812
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $9.22M | ﹤0.01% |
612,863
+18,434
| +3% | +$289K |
|
|
MODV
1813
DELISTED
ModivCare
MODV
| $9.21M | ﹤0.01% |
133,213
+13,286
| +11% | +$867K |
|
|
LHCG
1814
DELISTED
LHC Group LLC
LHCG
| $9.21M | ﹤0.01% |
149,559
+6,235
| +4% | +$393K |
|
1815
W&T Offshore
WTI
$522M
| $9.17M | ﹤0.01% |
2,069,162
-467,081
| -18% | -$1.98M |
|
1816
RPC Inc
RES
$1.28B
| $9.16M | ﹤0.01% |
508,276
+11,978
| +2% | +$251K |
|
1817
DNOW Inc
DNOW
$2.6B
| $9.14M | ﹤0.01% |
894,072
-13,123
| -1% | -$143K |
|
1818
Schneider National
SNDR
$6.11B
| $9.12M | ﹤0.01% |
349,810
-3,270
| -0.9% | -$89.9K |
|
1819
ADT
ADT
$5.76B
| $9.11M | ﹤0.01% |
+1,148,229
| New | +$12.6M |
|
1820
Hanmi Financial
HAFC
$949M
| $9.11M | ﹤0.01% |
296,129
+9,400
| +3% | +$294K |
|
|
GMS
1821
DELISTED
GMS Inc
GMS
| $9.1M | ﹤0.01% |
297,925
+51,548
| +21% | +$1.75M |
|
1822
RE/MAX Holdings
RMAX
$195M
| $9.08M | ﹤0.01% |
150,280
+8,511
| +6% | +$446K |
|
|
LMNX
1823
DELISTED
Luminex Corp
LMNX
| $8.99M | ﹤0.01% |
426,924
+13,731
| +3% | +$281K |
|
|
PRSU
1824
Pursuit Attractions and Hospitality Inc
PRSU
$1.41B
| $8.98M | ﹤0.01% |
171,227
+4,016
| +2% | +$219K |
|
|
CYS
1825
DELISTED
CYS Investments Inc.
CYS
| $8.98M | ﹤0.01% |
1,335,800
-12,109
| -0.9% | -$83.3K |
|
Similar funds
Geode Capital Management's Q1 2018 Portfolio in Review
As of Q1 2018, Geode Capital Management held 4,157 positions worth $307B, up 4.2% from $294B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $15.6B of net new capital in Q1 2018, opening 131 new positions and adding to 2,872 existing holdings. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Enbridge, an estimated $27.1M trimmed.
- Geode Capital Management's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
- Geode Capital Management added most to Microsoft in Q1 2018, an estimated $442M increase.
- Geode Capital Management's biggest Q1 2018 reduction was Enbridge, cutting an estimated $27.1M.
- Geode Capital Management fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $90M.
- Geode Capital Management's ten largest holdings make up 17% of its $307B portfolio in Q1 2018.
- Geode Capital Management opened 131 new positions and closed 108 in Q1 2018.
- Geode Capital Management's portfolio value rose 4.2% quarter-over-quarter to $307B.
Based on Geode Capital Management's 13F filing for Q1 2018, filed 15 May 2018.